Rivernorth Specialty Finance Etf Book Value Per Share
| RSF Etf | USD 14.69 0.01 0.07% |
Fundamental analysis of RiverNorth Specialty allows traders to better anticipate movements in RiverNorth Specialty's stock price by examining its financial health and performance throughout various phases of its business cycle.
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RiverNorth Specialty Finance ETF Book Value Per Share Analysis
RiverNorth Specialty's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of RiverNorth Specialty Finance is about 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as High Yield Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
RiverNorth Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Specialty's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverNorth Specialty could also be used in its relative valuation, which is a method of valuing RiverNorth Specialty by comparing valuation metrics of similar companies.RiverNorth Specialty is currently under evaluation in book value per share as compared to similar ETFs.
RiverNorth Fundamentals
| Shares Outstanding | 4.56 M | ||||
| Shares Owned By Institutions | 28.06 % | ||||
| Number Of Shares Shorted | 1.61 K | ||||
| Price To Earning | 4.98 X | ||||
| Short Ratio | 0.22 X | ||||
| Earnings Per Share | 3.49 X | ||||
| Market Capitalization | 78.73 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.28 % | ||||
| One Year Return | 6.06 % | ||||
| Three Year Return | 7.71 % | ||||
| Five Year Return | 9.88 % | ||||
| Last Dividend Paid | 1.99 |
About RiverNorth Specialty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Specialty Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Specialty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Specialty Finance based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in RiverNorth Etf
RiverNorth Specialty financial ratios help investors to determine whether RiverNorth Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RiverNorth with respect to the benefits of owning RiverNorth Specialty security.